0 Grandstaff Dr Auburn, IN 46706
This exceptional 0.45-acre commercial lot, located at S Grandstaff Dr in Auburn, Indiana (APN: 17-06-31-401-016.000-025), presents a unique investment opportunity. Priced at $99,999, this C2 zoned lot is situated within the Auburn Professional Village, a thriving community boasting established tenants such as the Auburn BMV and Fort Financial Credit Union, among other medical and financial professionals. All utilities are conveniently connected, making this site immediately ready for development. The property's strategic location offers easy access to I-69 and downtown Auburn, ensuring high visibility and convenient access for future occupants. Parking is shared with the homeowner's association. The homeowner's association restricts use to office and medical facilities, ensuring a cohesive and professional environment. This lot is ideal for developers seeking to build new office or medical spaces in a high-demand area. The 0.45-acre size provides ample space for a variety of development plans. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area of DeKalb County, Indiana, zip code 46706.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.